Under the patronage and presence of the President of Al-Qadisiyah University, Professor Dr. Kazem Jaber Al-Jubouri, and under the supervision of the Dean of the College of Administration and Economics, Professor Dr. Hussein Falah Ward, the Department of Economics held a scientific seminar titled “Government Procedures to Support the Private Industrial Sector.” The seminar featured presentations by Assistant Professor Dr. Abdul Rahman Najm Al-Mashhadani, an expert in international economic relations from the Iraqi University and an economic advisor at the Prime Minister’s office, and Professor Dr. Abdul Kareem Jaber Shingar, a professor of financial and international relations at Al-Qadisiyah University. The seminar was moderated by Assistant Professor Dr. Aqeel Jaber Al-Muhammadawi from Baghdad University, a consultant at the Competition Council and Anti-Monopoly Authority.
The seminar aimed to highlight the role played by the private sector in driving the advancement and development of the Iraqi economy, which has experienced several economic shocks and their violent repercussions that cast shadows on the local and global economy from time to time, including the COVID-19 pandemic, from which the world emerged not long ago, as well as the repercussions of the Russian-Ukrainian war and the conflicts in Gaza and Lebanon, along with other conflicts in the Middle East. All of this has led to fluctuations in global financial markets and the economies of major countries, as well as the economies of developing countries. Consequently, this situation has resulted in several issues, the most important of which is that the political, social, and economic conditions that Iraq has suffered from since 2003, along with the excessive state intervention in economic activity, have constrained the role of the private sector, increased the cost of doing business, heightened risks for both foreign and local investors, and led to low production and productivity rates in the private industrial sector, in addition to the weakness and limitations of the production base.
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